Revolut Applies for Charter Banking License in the United States
British monetary innovation start-up Revolut prepares to use for a banking license in the United States in a matter of weeks, CNBC reported.The fintech unicorn, introduced in 2015, is using for a bank charter with the Federal Reserve Bank of San Francisco and California’s Division of Financial Institutions. The launch of its app and service in the United States market came in collaboration with Metropolitan Commercial Bank.
